Icahn Enterprises L.P., New Mountain Finance Corporation, Another 8 Companies Have A High Estimated Dividend Yield

(VIANEWS) – Icahn Enterprises L.P. (IEP), New Mountain Finance Corporation (NMFC), Ares Dynamic Credit Allocation Fund (ARDC) have the highest dividend yield stocks on this list.

Financial Asset Forward Dividend Yield Updated (EST)
Icahn Enterprises L.P. (IEP) 19.25% 2023-08-24 01:23:07
New Mountain Finance Corporation (NMFC) 10.71% 2023-08-19 07:13:07
Ares Dynamic Credit Allocation Fund (ARDC) 10.5% 2023-09-02 19:14:07
MEDIFAST (MED) 7.14% 2023-08-18 19:48:07
Macerich Company (MAC) 5.39% 2023-08-18 17:23:09
NVE Corporation (NVEC) 4.86% 2023-08-25 03:13:07
Nuveen California Dividend Advantage Municipal Fund (NAC) 4.14% 2023-08-19 03:47:07
Southern Company (SO) 4.11% 2023-09-03 03:21:24
Essex Property Trust (ESS) 3.89% 2023-09-03 03:22:14
CME Group (CME) 2.17% 2023-09-03 03:14:14

Almost 2K companies listed in the Nasdaq and NYSE pay out dividends to its shareholders. The dividend yield is a dividend to price ratio showing how much a company pays out in dividends each year.

1. Icahn Enterprises L.P. (IEP) – Dividend Yield: 19.25%

Icahn Enterprises L.P.’s last close was $20.78, 62.29% under its 52-week high of $55.10. Intraday change was 6.73%.

Icahn Enterprises L.P., through its subsidiaries, operates in investment, energy, automotive, food packaging, metals, real estate, home fashion, and pharma businesses in the United States and Internationally. The company's Investment segment invests its proprietary capital through various private investment funds. Its Energy segment refines and markets transportation fuels; and produces and markets nitrogen fertilizers in the form of urea ammonium nitrate and ammonia. The company's Automotive segment is involved in the retail and wholesale distribution of automotive parts; and offers automotive repair and maintenance services. This segment also purchases and leases vehicles. Its Food Packaging segment produces and sells cellulosic, fibrous, and plastic casings that are used for preparing processed meat products. The company's Metals segment collects, processes, and sells ferrous and non-ferrous metals, as well as processes and distributes steel pipe and plate products. Its Real Estate segment is involved in the rental of retail, office, and industrial properties; construction and sale of single-family and multi-family homes, lots in subdivisions and planned communities, and raw land for residential development; and golf and club operations. The company's Home Fashion segment manufactures, sources, markets, distributes, and sells home fashion consumer products. Its Pharma segment offers pharmaceutical products and services. Icahn Enterprises L.P. was incorporated in 1987 and is headquartered in Sunny Isles Beach, Florida.

Earnings Per Share

As for profitability, Icahn Enterprises L.P. has a trailing twelve months EPS of $-2.67.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -16.14%.

Yearly Top and Bottom Value

Icahn Enterprises L.P.’s stock is valued at $20.78 at 10:15 EST, way below its 52-week high of $55.10 and way above its 52-week low of $18.03.

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2. New Mountain Finance Corporation (NMFC) – Dividend Yield: 10.71%

New Mountain Finance Corporation’s last close was $12.66, 6.01% below its 52-week high of $13.47. Intraday change was 0.4%.

New Mountain Finance Corporation (Nasdaq: NMFC), a business development company is a private equity / buyouts and loan fund specializes in directly investing and lending to middle market companies in “defensive growth” industries. The fund prefers investing in buyout and middle market companies. It also makes investments in debt securities at all levels of the capital structure including first and second lien debt, unsecured notes, and mezzanine securities. In some cases, its investments may also include equity interests. It targets energy, engineering and consulting services, specialty chemicals and materials, trading companies and distributors, commercial printing, diversified support services, education services, environmental and facilities services, office services and supplies, media, distributors, health care services, health care facilities, application software, business services, systems software, federal services, distribution and logistics, interactive home entertainment, telecommunication services, hydroelectric power generation, electric power generation by fossil fuels, electric power generation by nuclear fuels, health care technology, and security and alarm services. The fund seeks to invest in United States of America. It seeks to invest between $10 million and $125 million per transaction. The firm invests through both primary originations and open-market secondary purchases. It invests in companies with EBITDA between $10 million and $200 million. The fund seeks a majority stake in its portfolio companies.

Earnings Per Share

As for profitability, New Mountain Finance Corporation has a trailing twelve months EPS of $0.8.

PE Ratio

New Mountain Finance Corporation has a trailing twelve months price to earnings ratio of 15.82. Meaning, the purchaser of the share is investing $15.82 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 7.56%.

Sales Growth

New Mountain Finance Corporation’s sales growth is 20.4% for the present quarter and 27.5% for the next.

Yearly Top and Bottom Value

New Mountain Finance Corporation’s stock is valued at $12.66 at 10:15 EST, under its 52-week high of $13.47 and way higher than its 52-week low of $11.17.

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3. Ares Dynamic Credit Allocation Fund (ARDC) – Dividend Yield: 10.5%

Ares Dynamic Credit Allocation Fund’s last close was $12.86, 2.35% under its 52-week high of $13.17. Intraday change was 0.78%.

Ares Dynamic Credit Allocation Fund, Inc. is a closed-ended fixed income mutual fund launched by Ares Management LLC. The fund is managed by Ares Capital Management II LLC. It invests in the fixed income markets of Europe. The fund primarily invests in debt instruments such as senior loans made primarily to companies whose debt is rated below investment grade, corporate bonds that are primarily high yield issues rated below investment grade, debt securities issued by CLOs, and other fixed-income instruments. It focuses on such factors as the overall macroeconomic environment, financial markets, and company specific research and analysis, to create its portfolio. Ares Dynamic Credit Allocation Fund, Inc. was formed on November 27, 2012 and is domiciled in the United States.

Earnings Per Share

As for profitability, Ares Dynamic Credit Allocation Fund has a trailing twelve months EPS of $-2.03.

Moving Average

Ares Dynamic Credit Allocation Fund’s worth is higher than its 50-day moving average of $12.53 and higher than its 200-day moving average of $12.20.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Ares Dynamic Credit Allocation Fund’s stock is considered to be oversold (<=20).

Volume

Today’s last reported volume for Ares Dynamic Credit Allocation Fund is 81204 which is 3.09% above its average volume of 78766.

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4. MEDIFAST (MED) – Dividend Yield: 7.14%

MEDIFAST’s last close was $84.25, 39.6% under its 52-week high of $139.49. Intraday change was -0.2%.

Medifast, Inc., through its subsidiaries, manufactures and distributes weight loss, weight management, healthy living products, and other consumable health and nutritional products in the United States and the Asia-Pacific. It offers bars, bites, pretzels, puffs, oatmeal and cereal crunch products, drinks, hearty choices, pancakes, puddings, soft serves, shakes, smoothies, soft bakes, and soups under the Medifast, OPTAVIA, Thrive by Medifast, Optimal Health by Take Shape for Life, and Flavors of Home brands. The company markets its products through direct ecommerce platform and franchise weight control center channels. Medifast, Inc. was founded in 1980 and is headquartered in Baltimore, Maryland.

Earnings Per Share

As for profitability, MEDIFAST has a trailing twelve months EPS of $12.81.

PE Ratio

MEDIFAST has a trailing twelve months price to earnings ratio of 6.58. Meaning, the purchaser of the share is investing $6.58 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 84.39%.

Volume

Today’s last reported volume for MEDIFAST is 175160 which is 11.66% below its average volume of 198298.

Moving Average

MEDIFAST’s worth is below its 50-day moving average of $91.80 and way below its 200-day moving average of $102.70.

Yearly Top and Bottom Value

MEDIFAST’s stock is valued at $84.25 at 10:15 EST, way under its 52-week high of $139.49 and above its 52-week low of $77.67.

Sales Growth

MEDIFAST’s sales growth is negative 41.1% for the ongoing quarter and negative 38.4% for the next.

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5. Macerich Company (MAC) – Dividend Yield: 5.39%

Macerich Company’s last close was $11.51, 20.68% under its 52-week high of $14.51. Intraday change was 1.04%.

Macerich is a fully integrated, self-managed and self-administered real estate investment trust, which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States. Macerich currently owns 51 million square feet of real estate consisting primarily of interests in 47 regional shopping centers. Macerich specializes in successful retail properties in many of the country's most attractive, densely populated markets with significant presence in the West Coast, Arizona, Chicago and the Metro New York to Washington, DC corridor. A recognized leader in sustainability, Macerich has achieved the #1 GRESB ranking in the North American Retail Sector for five straight years (2015 – 2019).

Earnings Per Share

As for profitability, Macerich Company has a trailing twelve months EPS of $-0.43.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -2.82%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 14.3% and 700%, respectively.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on May 17, 2023, the estimated forward annual dividend rate is 0.68 and the estimated forward annual dividend yield is 5.39%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 2.4%, now sitting on 826.48M for the twelve trailing months.

Yearly Top and Bottom Value

Macerich Company’s stock is valued at $11.63 at 10:15 EST, way below its 52-week high of $14.51 and way above its 52-week low of $7.40.

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6. NVE Corporation (NVEC) – Dividend Yield: 4.86%

NVE Corporation’s last close was $80.73, 19.42% under its 52-week high of $100.19. Intraday change was -1.86%.

NVE Corporation develops and sells devices that use spintronics, a nanotechnology that relies on electron spin to acquire, store, and transmit information in the United States and internationally. The company manufactures spintronic products, including sensors and couplers for use in acquiring and transmitting data. Its products comprise standard sensors to detect the presence of a magnetic or metallic material to determine position or speed primarily for the factory automation market; and custom and medical sensors for medical devices to replace electromechanical magnetic switches. The company also offers spintronic couplers for industrial Internet of Things market. In addition, it engages in the research and development, and licensing of spintronic magnetoresistive random access memory technology. NVE Corporation was founded in 1989 and is headquartered in Eden Prairie, Minnesota.

Earnings Per Share

As for profitability, NVE Corporation has a trailing twelve months EPS of $4.75.

PE Ratio

NVE Corporation has a trailing twelve months price to earnings ratio of 17. Meaning, the purchaser of the share is investing $17 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 35.3%.

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7. Nuveen California Dividend Advantage Municipal Fund (NAC) – Dividend Yield: 4.14%

Nuveen California Dividend Advantage Municipal Fund’s last close was $10.41, 16.59% below its 52-week high of $12.48. Intraday change was -0.19%.

Nuveen California Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of California, United States. The fund invests in undervalued municipal securities and other related investments that are exempt from regular federal and California income taxes. It primarily invests in securities that are rated Baa or BBB or better by Moody's Investors Service, Inc. or Standard & Poor's, and have an average maturity of 20.96 years. The fund employs fundamental analysis with a bottom-up approach to create its portfolio. It benchmarks the performance of its portfolio against the Standard & Poor's (S&P) California Municipal Bond Index and Standard & Poor's (S&P) National Municipal Bond Index. The fund was formerly known as Nuveen California Dividend Advantage Municipal Fund. Nuveen California Quality Municipal Income Fund was formed on December 1, 1998 and is domiciled in the United States.

Earnings Per Share

As for profitability, Nuveen California Dividend Advantage Municipal Fund has a trailing twelve months EPS of $-1.98.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -14.37%.

Moving Average

Nuveen California Dividend Advantage Municipal Fund’s value is below its 50-day moving average of $10.75 and below its 200-day moving average of $10.91.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Jul 12, 2023, the estimated forward annual dividend rate is 0.43 and the estimated forward annual dividend yield is 4.14%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 1.7%, now sitting on 130.7M for the twelve trailing months.

Yearly Top and Bottom Value

Nuveen California Dividend Advantage Municipal Fund’s stock is valued at $10.41 at 10:15 EST, way below its 52-week high of $12.48 and higher than its 52-week low of $10.14.

More news about Nuveen California Dividend Advantage Municipal Fund.

8. Southern Company (SO) – Dividend Yield: 4.11%

Southern Company’s last close was $67.22, 16.31% below its 52-week high of $80.32. Intraday change was -0.48%.

The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. It operates through three segments: Gas Distribution Operations, Gas Pipeline Investments, and Gas Marketing Services. The company also develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, and Tennessee, as well as provides gas marketing services, gas distribution operations, and gas pipeline investments operations. In addition, it constructs, operates, and maintains 77,591 miles of natural gas pipelines and 14 storage facilities with total capacity of 157 Bcf to provide natural gas to residential, commercial, and industrial customers. It serves approximately 8.8 million electric and gas utility customers. Further, the company offers digital wireless communications and fiber optics services. The Southern Company was incorporated in 1945 and is headquartered in Atlanta, Georgia.

Earnings Per Share

As for profitability, Southern Company has a trailing twelve months EPS of $2.81.

PE Ratio

Southern Company has a trailing twelve months price to earnings ratio of 24.3. Meaning, the purchaser of the share is investing $24.3 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 8.74%.

Sales Growth

Southern Company’s sales growth is negative 0.9% for the current quarter and 6% for the next.

More news about Southern Company.

9. Essex Property Trust (ESS) – Dividend Yield: 3.89%

Essex Property Trust’s last close was $237.52, 15.33% under its 52-week high of $280.52. Intraday change was -0.58%.

Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 252 apartment communities comprising approximately 62,000 apartment homes with an additional property in active development.

Earnings Per Share

As for profitability, Essex Property Trust has a trailing twelve months EPS of $8.21.

PE Ratio

Essex Property Trust has a trailing twelve months price to earnings ratio of 29.08. Meaning, the purchaser of the share is investing $29.08 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.47%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Essex Property Trust’s stock is considered to be overbought (>=80).

Sales Growth

Essex Property Trust’s sales growth is 3.7% for the current quarter and 1.8% for the next.

More news about Essex Property Trust.

10. CME Group (CME) – Dividend Yield: 2.17%

CME Group’s last close was $202.89, 3.07% under its 52-week high of $209.31. Intraday change was -0.13%.

CME Group Inc., together with its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide. It offers futures and options products based on interest rates, equity indexes, foreign exchange, agricultural commodities, energy, and metals, as well as fixed income and foreign currency trading services. The company also provides clearing house services, including clearing, settling, and guaranteeing futures and options contracts, and cleared swaps products traded through its exchanges; and trade processing and risk mitigation services. In addition, the company offers a range of market data services, including real-time and historical data services. It serves professional traders, financial institutions, institutional and individual investors, corporations, manufacturers, producers, governments, and central banks. The company was formerly known as Chicago Mercantile Exchange Holdings Inc. and changed its name to CME Group Inc. in July 2007. CME Group Inc. was founded in 1898 and is headquartered in Chicago, Illinois.

Earnings Per Share

As for profitability, CME Group has a trailing twelve months EPS of $8.19.

PE Ratio

CME Group has a trailing twelve months price to earnings ratio of 24.69. Meaning, the purchaser of the share is investing $24.69 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.67%.

More news about CME Group.

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